Year Ended
Registration number:
Onyx (2002) Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Onyx (2002) Limited
Company Information
Director |
J F D Nicholson |
Registered office |
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Accountants |
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Page 1 |
Onyx (2002) Limited
Balance Sheet
30 September 2017
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2017 |
2016 |
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Fixed assets |
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Investments |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 04552251
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Onyx (2002) Limited
Notes to the Financial Statements
Year Ended 30 September 2017
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in Sterling (£).
Change in basis of accounting
The company's financial statements have been prepared in accordance with FRS102 - the Financial Reporting Standard applicable in the UK and Republic of Ireland. The company has transferred from previously extant UK GAAP to FRS102 as at 1 October 2015. There is no material impact on the reported financial position and financial performance.
Investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.
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Onyx (2002) Limited
Notes to the Financial Statements
Year Ended 30 September 2017
Financial instruments
Classification
• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.
Investments |
2017 |
2016 |
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Investments in subsidiaries |
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Subsidiaries |
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Cost or valuation |
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At 1 October 2016 |
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Provision |
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Carrying amount |
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At 30 September 2017 |
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At 30 September 2016 |
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Onyx (2002) Limited
Notes to the Financial Statements
Year Ended 30 September 2017
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2017 |
2016 |
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Subsidiary undertakings |
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Ordinary |
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United Kingdom |
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Ordinary |
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United Kingdom |
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Ordinary |
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United Kingdom |
The principal activity of Quantum Turned Parts Limited is |
The principal activity of Caress Manufacturing Limited is |
The principal activity of Clinical Health Technologies Ltd. (formerly Chicago Bottling Industries Ltd) is |
The profit for the financial period of Quantum Turned Parts Limited was £133,572 and the aggregate amount of capital and reserves at the end of the period was £1,055,297. |
The profit for the financial period of Caress Manufacturing Limited was £629,887 and the aggregate amount of capital and reserves at the end of the period was £2,213,642. |
The profit for the financial period of Clinical Health Technologies Ltd. (formerly Chicago Bottling Industries Ltd) was £35,369 and the aggregate amount of capital and reserves at the end of the period was £(254,559). |
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